459 E Amberside Dr, Elgin, IL, 60124 | 7.99% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Elgin at 459 E Amberside Dr, Elgin, IL, 60124 priced at $530,000 converts $3,527/mo rent into after a $2,594/mo obligation. Total monthly income equals $3,527/mo. Return on cash invested prints 19.03% in year one, and rental yield reads 7.99% against a $530,000 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation compiles into $146,429 by year five. Five-year ROI reaches 99.09% and total cumulative return in cash sums $172,783. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,527/mo property income covering a $2,594/mo payment, not borrower’s personal income.

Single Family

Built in 2007

0.28 Acres lot

$N/A/sqft

No HOA